Unlock the potential of this fully renovated building shell, positioned for a high-yield investment project or Single Family Home located close to everything Spartanburg has to offer. The structure has already undergone significant improvements, including updated roof rafters, new flooring systems, and key structural upgrades—providing a solid foundation for your… Read More vision while saving substantial time and construction costs. . . With flexible zoning and layout possibilities, the property can be potentially completed as up to 7 income-producing rental units with additional laundry and storage income opportunity, or reimagined as a single-family residence, duplex, or mixed-use concept depending on your investment strategy. . . Key Investment Highlights: Purchase Price: $325,000, Potential Layout: Up to 7 rentable units, Estimated Completion Cost: ~$57,000 per unit, Major Structural Work Completed: Roof framing, flooring, and core structural updates, Blank-Slate Interior: Customize layouts, finishes, and unit configurations to maximize ROI. . . Value-Add Opportunity: Ideal for home owners or investors seeking strong rental income potential or a resale strategy. With the heavy structural work already completed, this property significantly reduces the early construction phase and allows investors to focus on finishing. Read Less
Courtesy of , Brand Name Real Estate Upstate, 843-737-0708
Listing Snapshot
Days Online
7
Last Updated
Property Type
Single Family Residence
Square Ft.
5,970
Lot Size
0.53 Acres
Year Built
1945
MLS Number
334565
Additional Details
Basement
Unfinished, Walk-Out Access
Building
Built in 1945, Living area: 5970, Levels: One, Construction Materials: Block
Community
None
Foundation
Basement, Slab
Home Owner's Association
Fee Includes: None
Lot
0.53 acres, Some Trees
Taxes
Annual Amount: $1,094, Year: 2024
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Listings courtesy of Spartanburg Association of REALTORS® as distributed by MLS GRID, based on information submitted to the MLS GRID as of . Information is provided exclusively for consumers' personal noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed by MLS GRID. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may be listed or sold by various participants in the MLS, who may not be the office/agent presenting the information.
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